Anadolu Efes Correlations
| AEBZY Stock | USD 1.28 0.06 4.48% |
The correlation of Anadolu Efes is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Anadolu Efes moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Anadolu Efes Biracilik moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Significant diversification
The correlation between Anadolu Efes Biracilik and NYA is 0.09 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Anadolu Efes Biracilik and NYA in the same portfolio, assuming nothing else is changed.
Anadolu |
The ability to find closely correlated positions to Anadolu Efes could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Anadolu Efes when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Anadolu Efes - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Anadolu Efes Biracilik to buy it.
Moving together with Anadolu Pink Sheet
| 0.74 | HEIA | Heineken | PairCorr |
| 0.62 | LNDNF | Lundin Energy AB Earnings Call Today | PairCorr |
| 0.61 | AWCMF | Alumina Limited | PairCorr |
| 0.66 | BKLRF | Berkeley Energy | PairCorr |
| 0.79 | ARDDF | Ardiden Limited | PairCorr |
Moving against Anadolu Pink Sheet
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Correlation Matchups
Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.High positive correlations
| High negative correlations
|
Risk-Adjusted Indicators
There is a big difference between Anadolu Pink Sheet performing well and Anadolu Efes Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Anadolu Efes' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| BRFH | 6.44 | 1.25 | 0.12 | (0.40) | 6.44 | 13.04 | 99.23 | |||
| FBEC | 12.86 | 2.49 | 0.11 | (0.58) | 13.45 | 33.33 | 100.00 | |||
| FLWBF | 3.28 | (0.91) | 0.00 | 1.17 | 0.00 | 7.14 | 43.33 | |||
| EQLB | 14.44 | 2.85 | 0.12 | 0.41 | 11.67 | 66.67 | 160.00 | |||
| VGID | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| ALKM | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| ZVIA | 4.13 | (0.92) | 0.00 | (0.28) | 0.00 | 11.43 | 38.56 | |||
| PRMW | 0.97 | 0.47 | 0.57 | 0.48 | 0.00 | 3.20 | 4.96 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Anadolu Efes without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Commodity Directory Now
Commodity DirectoryFind actively traded commodities issued by global exchanges |
| All Next | Launch Module |
Anadolu Efes Corporate Management
Elected by the shareholders, the Anadolu Efes' board of directors comprises two types of representatives: Anadolu Efes inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Anadolu. The board's role is to monitor Anadolu Efes' management team and ensure that shareholders' interests are well served. Anadolu Efes' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Anadolu Efes' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Onur Alturk | Managing Turkey | Profile | |
| Can aka | Chief Officer | Profile | |
| Alphan Akpece | Managing Moldova | Profile | |
| Selda Saatci | Group Director | Profile | |
| Gke Yanasmayan | Chief Officer | Profile | |
| Murat Ozkan | Group Director | Profile |
Already Invested in Anadolu Efes Biracilik?
The danger of trading Anadolu Efes Biracilik is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Anadolu Efes is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Anadolu Efes. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Anadolu Efes Biracilik is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Anadolu Efes Biracilik. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Anadolu Efes Biracilik information on this page should be used as a complementary analysis to other Anadolu Efes' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Complementary Tools for Anadolu Pink Sheet analysis
When running Anadolu Efes' price analysis, check to measure Anadolu Efes' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Anadolu Efes is operating at the current time. Most of Anadolu Efes' value examination focuses on studying past and present price action to predict the probability of Anadolu Efes' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Anadolu Efes' price. Additionally, you may evaluate how the addition of Anadolu Efes to your portfolios can decrease your overall portfolio volatility.
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance |